Monday, March 8, 2021

Tag: The Mad Geopolitics of Israel’s EastMed Gas Pipeline

The Mad Geopolitics of Israel’s EastMed Gas Pipeline

by F. William Engdahl, New Eastern Outlook:

At just a time when the world holds its collective breath over risk of a World War over the US assassination of Iran’s leading general and other provocations, Israel has chosen to sign a natural gas pipeline deal with Greece and Cyprus that is the equivalent of tossing a loaded hand grenade into the hyper-tense region.

Until some months ago it was doubtful whether Israel’s long-touted EastMed gas pipeline deal with Cyprus and Greece would see the light of day. Despite being backed by the US and the EU as an alternative to Russian gas, the EastMed as it is known, is dubious on many grounds, not the least its high cost compared with alternatives. The January 2 signing by the governments of Israel, Greece and Cyprus is directly connected to provocative moves by Turkey’s Erdogan to conspire with Libya to illegally declare almost all of the Eastern Mediterranean waters to be a Turkish and now Libyan Exclusive Economic Zone.